Eplus PLUS

Technology Distributors, Technology

$95.36

−0.82%

Market cap: $2.5B
PE: 20.0×; 10y median 16.6×
Forward PE: n/m; not a meaningful number
Price to sales: 1.0×
EV/EBIT: 12.0×
Revenue, 12 months: $2.5B; +16% on a year ago
Net margin: 5.1%
Free cash flow yield: n/m; not a meaningful number

Eplus trades at 20.0× trailing earnings, pricier than 82% of the last ten years. Revenue was $2.5B over the last twelve months, up 16% on a year earlier with a 5% net margin.

Charts

Financials

Income statement for PLUS, by quarter
Income statement	Q2 FY24	Q3 FY24	Q4 FY24	Q1 FY25	Q2 FY25	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26	Q3 FY26	Q4 FY26	Q1 FY27
	$587.6M+19%	$509.1M−18%	$554.5M+13%	$535.7M−7%	$493.4M−16%	$493.2M−3%	$477.9M−14%	$642.8M+20%	$608.8M+23%	$614.8M+25%	$581.6M+22%	$649.1M+1%
Cost of revenue	$443.2M+23%	$375.2M−23%	$424.1M+18%	$408.8M−5%	$366.1M−17%	$368.1M−2%	$345.1M−19%	$489.1M+20%	$446.7M+22%	$456.1M+24%	$434.5M+26%	$497.8M+2%
Gross profit	$144.4M+8%	$133.8M−3%	$130.3M−2%	$126.9M−11%	$127.3M−12%	$125.1M−7%	$132.9M+2%	$153.7M+21%	$162.1M+27%	$158.7M+27%	$147.1M+11%	$151.3M−2%
SG&A	$92.7M+9%	$89.4M+3%	$95.4M+12%	$90.6M+0%	$94.5M+2%	$100.9M+13%	$100.6M+6%	$103.7M+14%	$106.5M+13%	$108.7M+8%	$103.3M+3%	$106.6M+3%
	$44.9M+2%	$38M−18%	$29M−32%	$31.5M−32%	$27M−40%	$16.5M−57%	$24.8M−15%	$42.9M+37%	$48.8M+81%	$43.5M+164%	$37.6M+52%	$38.8M−10%
Interest expense	$1.2M+32%	$983K−38%	$723K−43%	$585K−31%	$537K−56%	$517K−47%	$572K−21%	n/a	n/a	n/a	n/a	n/a
Pre-tax income	$45M+12%	$38.4M−22%	$31.2M−26%	$33.2M−29%	$27.3M−39%	$19.9M−48%	$25.7M−18%	$43.6M+31%	$54M+98%	$45.6M+129%	$37M+44%	$42M−4%
	$12.3M+5%	$11.1M−19%	$9.2M−3%	$9M−29%	$7.5M−39%	$5.4M−52%	$7.8M−15%	$11.5M+29%	$15.8M+111%	$12.2M+128%	$11.6M+48%	$11.7M+1%
Net income	$32.7M+15%	$27.3M−24%	$22M−33%	$27.3M−19%	$31.3M−4%	$24.1M−12%	$25.2M+15%	$42.6M+56%	$34.9M+11%	$35.1M+45%	$25M−1%	$30.3M−29%
	$1.22+14%	$1.02−24%	$0.82−34%	$1.02−20%	$1.17−4%	$0.91−11%	$0.95+16%	$1.61+58%	$1.32+13%	$1.33+46%	$0.95+0%	$1.16−28%
	26.7M+0%	26.7M+0%	26.9M+1%	26.8M+1%	26.7M+0%	26.6M−0%	26.5M−2%	26.4M−2%	26.4M−1%	26.3M−1%	26.3M−1%	26.1M−1%

Gross profit: 16 periods, Q1 FY11 to Q4 FY14: not printed by the filing, worked out from its own lines.

Operating income: 12 periods, Q1 FY11 to Q4 FY13: not printed by the filing, worked out from its own lines.

EPS, diluted: 8 periods, Q4 FY11 to Q4 FY26: quarter's net income to common over its shares, to the cent.

Diluted shares: 15 periods, Q4 FY11 to Q4 FY26: share-days: the 12-month average less the 9-month, weighted by days. Q4 FY17: share-days: the 12-month average over 365 days less the 9-month over 275, the two on one basis (x2).

From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.

Peers

Companies in Technology Distributors nearest Eplus' size, closest first.

Company	Market cap	PE	Its 10y median PE	Fwd PE	P/S	Revenue growth	Net margin
PLUSEplus	$2.5B	20.0×	16.6×	n/m	1.0×	+16%	5.1%
CNXNPC Connection	$2.2B	23.5×	17.0×	n/m	0.7×	+3%	3.2%
SCSCScansource	$1.2B	16.7×	14.9×	n/m	0.4×	+6%	2.4%
INGMIngram Micro	$6.4B	15.1×	17.4×	n/m	0.1×	+12%	0.8%
AVTAvnet	$7.2B	21.9×	12.7×	n/m	0.3×	+24%	1.2%
CLMBClimb Global Solutions	$612.8M	29.5×	16.8×	n/m	0.9×	+23%	2.9%
ARWArrow Electronics	$10.7B	13.4×	12.5×	n/m	0.3×	+26%	2.3%
SNXTD Synnex	$19.7B	15.1×	15.6×	11.7×	0.3×	+24%	1.8%
RELLRichardson Electronics	$263M	28.5×	18.2×	n/m	1.1×	+14%	3.6%
Peer median	$4.3B	19.3×	16.2×	11.7×	0.3×	+18%	2.4%